Brief: Bain Capital & Rocket Software Support Silver Lake's Offer, Have Sold All Their Shares To Silver Lake; Silver Lake Has Secured 41% Of Software AG

Software AG

19/06/2023 20:46

June 19 (Reuters) - 
  
    * BAIN CAPITAL AND ROCKET SOFTWARE SUPPORT SILVER LAKE'S
OFFER AND
HAVE SOLD ALL OF THEIR SHARES TO SILVER LAKE - SILVER LAKE HAS
NOW SECURED 41% OF SOFTWARE AG
    * SILVER LAKE- CO INTENDS TO PURSUE A DELISTING OF SOFTWARE
AG AS
SOON AS PRACTICALLY POSSIBLE AFTER CLOSING OF OFFER
    * SILVER LAKE- ROCKET SOFTWARE INTERNATIONAL LIMITED SIGNED
AN 
AGREEMENT TO SELL 7.4 MILLION SHARES IN SOFTWARE AG TO SILVER
LAKE AT EUR 32 OFFER PRICE
    * SILVER LAKE- PRICE OF EUR 32.00 PER SHARE, WHICH
REPRESENTS A
PREMIUM OF 63% TO CLOSING PRICE OF EUR 19.59 PER SHARE ON 20
APRIL 2023

Source text for Eikon:  ID:nEQpRXHpa 
Further company coverage:  SOWGn.DE 

 ((Reuters.Briefs@thomsonreuters.com;))